Scrap Metal Recycling prices in Goldsboro, NC Scrap remain mixed this week. Steel is down a bit but copper is up! We remain ready to support Companies and Demolition contractors. Time to sell us your scrap metal, for summer cash.

If you have a Junk Car around, time to sell that. The good news is we think steel prices could remain steady for a couple of months. It is not clear what will happen the rest of the year. We are hearing things could go down a bit more over the next months, but sorry we do not know. It is even possible that prices could go up! Yes, for items like copper, you can actually go to websites like www.cmegroup.com and watch the price of copper change every few seconds during the week. Steel as many know usually changes once a month, but there is even no certainty to that. As we wrote, there have been some articles that copper could go down next year.

Goldsboro Metal Recycling has a goal to always do our best to pay you the most for scrap metal every day. We also try to communicate the price to make it easy for you. When you call our phone number 919-731-5600 and you will hear a recording with “Today’s prices”. This is for:

-Steel

-Cast Iron

-Copper

-Yellow Brass

-Red Brass

-Aluminum

-Aluminum Cans

-Appliances

-Computers

-Electronics-Junk Cars-Salvage Cars

-Stainless Steel

-Batteries

-and more.

We continue to have a twin focus for our business, 1) Public 2) Industrial/Demolition customers. This means if you are a large Commercial or Industrial company, you should call us at 919-731-5600. We can give you prices for scrap metal, Cardboard, Copper, Computers and more.

An important part of our company is that we have 5 digital, NC State certified scales that we use to service our Industrial and Commercial Customers. Almost double our closest competitor, meaning we get you in and out fast and with accuracy! Importantly, we sell direct to Steel mills or divisions of steel mills, not to middle men who take a commission, so we pass that savings on to you!

JUNK CARS, Salvage Cars1) WE TOW-JUNK CAR-JUNK CAR REMOVAL-Get Cash on the spot-Any condition, running or not running-Keys or no keys, engine or no engine-Call 919-731-56002) Drive it in, or you tow it in!-Get Cash on the spot-Any condition-In and out fast!

Come to us at:

Goldsboro Metal Recycling

801 N. John Street

Goldsboro, NC 27530

When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:

Metal prices firm in recent ranges on upbeat economic data

Base metals consolidated from session highs during late LME trading on Tuesday although the complex looked set to consolidation within recent ranges as macro data supports a firmer economic environment.

The copper price rose to its highest for nearly three months at one stage on Tuesday before settling in range-trade. The aluminium price peaked to its highest for around one month, while the rest of the metals generally held at steady levels.

There was a string of positive US data releases which supported sentiments – Durable goods orders unexpectedly rose 0.8 percent in April – they had been seen falling 0.5 percent.

The Conference Board consumer confidence also advanced from 81.7 to 83 in May as “Americans turned more optimistic on the economy, stock prices and home values,” according to economists at OCBC in Singapore.

TheUS stock markets were buoyed by the upbeatUS data, which also helped lift the US dollar broadly higher against most major currencies. Meanwhile, the euro was further weighed down by ECB Nowotny’s comments reinforcing market expectation for ECB to shift to more monetary easing on 5 June.

The euro was again under pressure around 1.3634 against the dollar, close to three-month lows of 1.3610.

In the metals, the copper price peaked at $6,966 before closing at $6,934 on Tuesday. Prices are now around $6,924.50, down almost $10 but tightness continued to flare in spreads- the cash/threes backwardation remained intense but has come down from $94 yesterday to the current $83.50.

Aluminium concluded at $1,828.50 and is currently down slightly to $1,824.50 per tonne. Stocks fell 8,650 tonnes to 5,221,950 tonnes and cancelled warrants increased 3,300 tonnes to 2,861,475 tonnes.

The nickel price was last $72 higher at $19,622. Stocks declined 96 tonnes to 280,308 tonnes, while tightness was evident in the nearby forward curve. It traded higher during the London hours yesterday to hit $19,761 as news that protests at Vale’s Goro nickel plant continue to prevent the plant from operating.

“The fact that the market ended the day in the red is a sign that the current bullish supports for nickel in recent weeks now seem to be fully priced in and the price seems set for further consolidation for some time to come,” said a note from Triland Metals.

In others, the lead price at $2,140 is down $2 and zinc lost $4.50 to the current $2,083 per tonne. Tin gained $18 at $23,369 – there was no change in stocks. The cash/threes backwardation has come down to around $15 – at the start of last week it was above $100. ShareThis

About Lynette Tan

Lynette joined FastMarkets after her experience in research and analysis of the commodities market, specialising in precious metals. She is now based in our Singapore office and ensures that metal news in Asia comes under our radar to receive timely coverage.

– See more at: http://www.fastmarkets.com/base-metals-news/asia-metals-metals-firm-recent-ranges-upbeat-economic-data-75838#sthash.16gif0yH.dpuf